All articles by Verdict Staff
Verdict Staff
EU and Liechtenstein sign tax transparency deal to avoid tax evasion
The European Union (EU) and Liechtenstein have signed a new tax transparency agreement to clamp down on tax evasion.
Morgan Creek sets up new private wealth advisory team
Morgan Creek Capital Management, a US-based investment manager, has launched a new private wealth advisory team, which will be headed by Michael Forstl.
St. James’s Place unveils new income funds for pension investors
British wealth manager St. James’s Place (SJP) has launched new bond and income funds aimed at the retirement market.
BNP Paribass wealth and asset management arm reports 23% rise in pre-tax income
BNP Paribas’ wealth & asset management arm has registered a pre-tax income of EUR195m for the third quarter of 2015, a rise of 23% compared to EUR158m in the corresponding quarter of 2014.
London, Hong Kong at high risk of property bubble: UBS
UBS Wealth Management has launched Global Real Estate Bubble Index to track the risk of housing bubbles in global financial centers.
Nomura’s asset management arm reports 15% dip in Q2 revenues
Nomura’s asset management business has reported net revenues of JPY22.9bn for the second quarter of fiscal year ending 31 March 2016, down 15% compared the year ago quarter.
Fimax AMS rolls out new software for asset managers and family offices
Swiss-based Fimax AMS has rolled out new software, called Assetmax, for independent asset managers and family offices.
ANZ records marginal rise in annual cash profit; wealth unit profit up 11%
Australia and New Zealand Banking Group (ANZ) has reported a cash profit of A$7.21bn for the year ended 30 September 2015, a rise of 1% compared to compared to A$7.11bn a year ago.
Banco Santander nine-month attributable profit rises 17%
Spanish lender Banco Santander has reported ordinary attributable profit of EUR5.12bn in the nine months to 30 September 2015, a 17% increase compared to EUR4.36bn a year ago.
Schroders unveils onshore version of global recovery fund
Schroders has unveiled an onshore version of Schroder ISF Global Recovery fund, following increasing demand from UK clients.